Futures Close Report 3rd April 2019
IEG Vantage (formerly Informa) estimate for Brazil Crops as follows: 2018/19 corn harvest forecast at 94.5 million tonnes, up 500,000 tonnes from its previous figure, and e Brazil’s soybean crop forecast at 114.5 million tonnes.
US markets continue draw concerns over planting delays caused by the wet conditions across the mid west. Rumours also continue regarding the US / China trade talks, but no firm announcement to report, talks continue in the US.